Comments by "whyamimrpink78" (@whyamimrpink78) on "The Boston Globe"
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+Qingeaton Wealth does not equal income, that is another problem with Bernie. He tries to equate wealth with income, they are completely different.
Around 60% of the average homeowner's wealth is in their home, a homeowner has 30 times more wealth than a renter. Beyond owning a home the average person has little wealth. Does that mean they are not well off? No. You can have a nice income but little wealth. You need to learn the difference between wealth and income and why there is wealth inequality.
"30 years of flat wages for the average and no ability for savings
accounts, which even if you could afford to pay into wouldn't pay any
interest anyway."
Disposable income has been going up for decades at a steady rate. Inflation is mainly due to the federal government. Anything the federal government has touched has gone up which goes against a healthy economy. In a healthy, growing economy goods and services get better and cheaper. We have seen that in areas that the federal government has not touch and the private sector has, for the most part, complete control. Cell phones, cars, TVs, computers, LASIK etc. All better and cheaper.
Now look at education, food and gas, all areas the federal government has touched and prices have gone up. We are pumping a lot of oil but gas prices have been rising. One main reason is that the EPA has prevented us from building a refinery in 40 years.
" I guess you are right. We should just keep doing the same stuff we have
been doing for 30 years. It's working for somebody, at least they can
live the dream."
Some components we should still do. Electing Bernie Sanders whose polices will compound our current problems is something we should not do.
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